Egypt: Whole Powdered Milk Market 2024

Whole Powdered Milk Market Size in Egypt

The Egyptian whole powdered milk market surged to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a pronounced descent. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Whole Powdered Milk Exports

Exports from Egypt

In 2022, overseas shipments of whole powdered milk decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports showed a mild curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, whole powdered milk exports contracted sharply to $X in 2022. Over the period under review, exports, however, enjoyed a slight increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for whole powdered milk exports from Egypt, accounting for a X% share of total exports. Moreover, whole powdered milk exports to Saudi Arabia exceeded the volume sent to the second major destination, Mauritania (X tons), threefold. Cote d'Ivoire (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and Cote d'Ivoire (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for whole powdered milk exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with an X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

In 2022, the average whole powdered milk export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Cote d'Ivoire ($X per ton) and Lebanon ($X per ton), while the average price for exports to Zambia ($X per ton) and Venezuela ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chad (X%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Powdered Milk Imports

Imports into Egypt

In 2022, supplies from abroad of whole powdered milk increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, whole powdered milk imports surged to $X in 2022. In general, imports, however, recorded a perceptible reduction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of whole powdered milk to Egypt, with a X% share of total imports. Moreover, whole powdered milk imports from New Zealand exceeded the figures recorded by the second-largest supplier, Uruguay (X tons), sevenfold. The third position in this ranking was held by Singapore (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Singapore (X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of whole powdered milk to Egypt, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with an X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from New Zealand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average whole powdered milk import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whole powdered milk import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($X per ton) and Denmark ($X per ton), while the price for Germany ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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